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The Captain of a Ship Tells You That He Once

question 12

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The captain of a ship tells you that he once experienced a huge tsunami while sailing in the Pacific Ocean several hundred miles from any landmass.You decide that this sounds a little farfetched because __________________.


Definitions:

Specialized Resources

Resources that are uniquely suited for a particular production process or task.

Opportunity Cost

The forfeiture of potential advantages from various alternatives upon choosing one.

Control Over

The authority or power to regulate, direct, or dominate a situation, process, or entity.

Technological Advances

Innovations and improvements in technology that increase productivity and potentially lead to economic growth and development.

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